In the wake of a significant drop in gold and silver prices, Binance founder Changpeng Zhao has offered his insights on the future of Bitcoin (CRYPTO: BTC).

On Friday, gold and silver saw a drastic decrease in their prices, with gold plummeting by approximately 15% and silver by nearly 38%. This resulted in a loss of around $15 trillion in combined market value.

This unexpected price drop, referred to as a “black swan” event, has ignited conversations within the crypto community, with many speculating on Bitcoin’s long-term potential in comparison to these physical assets.

Zhao joined the discussion, pointing out that such severe price fluctuations can happen “even with a…

Read more on Benzinga